Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Colombia - 2022

Contents:

  1. Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Colombia (CIF) - 2022
  2. Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Colombia (FOB) - 2022
  3. Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Colombia
  4. Exports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Colombia

Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Colombia (CIF) - 2022

The average import price for vitamins; vitamin e and its derivatives, unmixeds stood at $10,598 per ton in February 2022, declining by -3.2% against the previous month. Overall, import price indicated a tangible expansion from February 2021 to February 2022: its price increased at an average monthly rate of +2.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, import price for vitamins; vitamin e and its derivatives, unmixeds decreased by -11.0% against December 2021 indices. The most prominent rate of growth was recorded in September 2021 an increase of 63% against the previous month. As a result, import price attained the peak level of $15,873 per ton. From October 2021 to February 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was the United States ($97,064 per ton), while the price for Germany ($9,668 per ton) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+25.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vitamins; Vitamin E and Its Derivatives, Unmixed in Colombia (FOB) - 2022

The average export price for vitamins; vitamin e and its derivatives, unmixeds stood at $10,893 per ton in 2022, growing by 11% against the previous year. In general, the export price, however, showed a pronounced descent. The pace of growth was the most pronounced in 2018 an increase of 59%. The export price peaked at $17,523 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($11,443 per ton), while the average price for exports to Ecuador amounted to $10,363 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (-1.3%), while the prices for the other major destinations experienced a decline.

Imports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Colombia

Imports of vitamins; vitamin e and its derivatives, unmixeds into Colombia declined to 1.3K tons in 2022, shrinking by -10.1% compared with the previous year's figure. In general, imports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 157% against the previous year. As a result, imports attained the peak of 1.4K tons, and then declined in the following year.

In value terms, imports of vitamins; vitamin e and its derivatives, unmixeds expanded markedly to $15M in 2022. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 193%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Vitamins; Vitamin E and Its Derivatives, Unmixed in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.51.65.47.141.6%
China1.51.33.43.735.1%
Switzerland1.30.92.22.219.2%
United States0.30.21.41.258.7%
France0.50.50.50.50.0%
Others0.10.10.30.10.0%
Total6.24.513.214.833.6%

Top Suppliers of Vitamins; Vitamin E and Its Derivatives, Unmixed to Colombia in 2022:

  1. Germany (711.7 tons)
  2. China (322.8 tons)
  3. Switzerland (122.9 tons)
  4. United States (63.5 tons)
  5. France (40.7 tons)

Exports of Vitamins; Vitamin E and Its Derivatives, Unmixed in Colombia

In 2022, exports of vitamins; vitamin e and its derivatives, unmixeds from Colombia soared to 134 tons, jumping by 103% against 2021. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of vitamins; vitamin e and its derivatives, unmixeds surged to $1.5M in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Vitamins; Vitamin E and Its Derivatives, Unmixed in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador24022964686553.3%
VenezuelaN/AN/AN/A5450%
Others0.579.30.152.2370.9%
Total2413086461,46382.4%

Top Export Markets for Vitamins; Vitamin E and Its Derivatives, Unmixed from Colombia in 2022:

  1. Ecuador (83.5 tons)
  2. Venezuela (47.6 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Vitamins; vitamin E and its derivatives, unmixed - Colombia